The accused had waylaid a bank van of Premier Sheild Pvt. Ltd. Company while it was en route from ICICI Bank's Hauz Khas branch to Lajpat Nagar.

With the arrest of all the accused, police have recovered Rs.4.15 crore.

"Yogesh had stabbed a classmate when he was in Class 8 and was arrested. He has been involved in 13 cases including murder, robbery, dacoity and snatching. He was convicted in three cases of robbery and drug peddling and spent eight years in jail," police said.

"At the time of his arrest, Yogesh was dressed like a 'sadhu' and had grown a beard to elude police," Sharma said. She added that Yogesh stayed in temples, mosques and gurdwaras and spent travelled a lot in trains.

He had not contacted any of his friends after the committing the crime, Sharma said.